Latest Realty News

MUMBAI: Campa Cola residents whose flats have been declared illegal are understandably under pressure, but legal residents whose homes are not up for demolition are enveloped by insecurity as well. Two reports by structural engineers indicate that the remaining structure will not be fit for habitation once the illegal portions are demolished. The legal residents also wonder how the BMC will continue to provide water and electricity while cutting off utilities for the illegal flats. After all, fl

BHUBANESWAR: Once bitten twice shy. The Phailin onslaught has promoted the jittery state government to reassess the planning and design of the proposed houses to be built under the centrally-sponsored Rajiv Awas Yojana (RAY) for the urban poor in Bhubaneswar.

BHUBANESWAR: The housing and urban development (H&UD) department has rapped the Bhubaneswar Municipal Corporation (BMC) for selecting Sulabh International, an organization promoting sanitation, without floating tenders for construction of public toilets in the city.

BHUBANESWAR: The Bhubaneswar municipal corporation (BMC) on Monday signed an MoU with National Building Construction Corporation Limited (NBCC) for construction of Rajiv Awas Yojana (RAY) houses at Gadakana here.

BHUBANESWAR: Kalinga Sena supremo Hemant Rath on Sunday alleged that the waterlogging in the capital city caused due to the torrential downpours for five consecutive days is ‘manmade’ and the Bhubaneswar Development Authority (BDA) and the Bhubaneswar Municipal Corporation (BMC) are highly responsible for the problem.

MUMBAI: Prices of residential properties on the Mira-Bhayander stretch – the suburban location in Thane district, have doubled in the past three years on the back of growing connectivity and infrastructure and there is scope for further appreciation in the near future. The locality is administered by the Mira-Bhayander Municipal Corporation (MBMC). A 1,000-sq ft apartment in a multi-storeyed building is available in the range of Rs 75-80 lakhs at present.

MUMBAI: The Brihanmumbai Municipal Corporation cannot hike property tax without serving proper notice on the property’s owner or occupier, the Bombay high court has said. Eleven years after the BMC asked some Girgaum residents to pay extra tax, Justice S S Shinde came to their aid and said the pasting of notice on the property “cannot be accepted”.

MUMBAI: The last vestiges of hope for embattled residents of the upscale Campa Cola society in Worli appears to be lost. The BMC’s building proposal department has “on legal grounds” rejected their proposal to regularize those sections of the society that fall within the permissible floor space index (FSI) limit. The BMC plans to raze 35 illegal floors across seven buildings on October 3, instead of the earlier plan of October 2 owing to Gandhi Jayanti.

BHUBANESWAR: The Bhubaneswar Development Authority (BDA) has decided to renovate and beautify an open space of 1.5 acre in Ananta Vihar near Pokhariput. It is part of the steps taken by BDA to minimise the misuse of open space in the city.

BHUBANESWAR: The Bhubaneswar Development Authority (BDA) has decided to hand over the development of infrastructure and other basic amenities in three housing colonies developed by it to Bhubaneswar Municipal Corporation (BMC).

BHUBANESWAR: INSPIRED by the success of town planning (TP) in Ahmedabad, the Bhubaneswar Development Authority (BDA), today signed memorandum of understanding (MoU) with Ahmadabad Municipal Corporation (AMC) in the State Secretariat, The MoU has augment­ed BDA to replicate town planning model of Gujarat in peripheral areas of Jagasara.

BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) has authorized its engineering staff to cut drains and roads, blocking rainwater, to prevent waterlogging. The BMC has identified 30 points prone to waterlogging in the city.

MUMBAI: The Brihanmumbai Municipal Corporation (BMC) has earned a major windfall, thanks to Mumbai’s builders. The BMC earned Rs 1,500 crore in little over a year by charging builders a premium for utilizing compensatory floor space index (FSI). FSI defines how much can be built on a plot.

MUMBAI: Strongly opposing the new property tax structure proposed by Brihanmumbai Municipal Corporation ( BMC), realty estate developers body MCHI-CREDAI has extended support to the consumer agitation against the new slabs.

Bhubaneswar: Chief Minister Naveen Patnaik on Saturday announced a new cadre for the officials of the municipalities and notified area councils (NACs) so that better services could be provided to urban dwellers.

BHUBANESWAR: The state government has pulled up the Bhubaneswar Municipal Corporation (BMC) and Bhubaneswar Development Authority (BDA) for failing to curb violation of building regulations in the city.

BHUBANESWAR: If everything goes as per plan, Bhubaneswar will be a city with low carbon emission. The state capital was selected by World Wildlife Fund (WWF) and ICLEI, an NGO working on environment and energy for implementation of Green House Gas (GHG) inventory. The inventory will help reduce carbon emission.